Business owners and property investors choose GRA because . . .
"We add value and
we get it right."
We're experts in property investment and portfolio building, tax structures and efficiency, business accounting, asset protection and trusts.
We focus on wealth creation for our clients. With skilled teams dedicated to property, business, governance, compliance, and education, GRA provide the accounting expertise you need and the knowledge to help you make smart decisions.
You choose the services. We will deliver and ensure your expectations are met.
GRA's Taxation Compliance Division prepares financial statements and taxation returns for many types of organisations. Large companies and small to medium sized businesses.. Learn more..
If you’re thinking about setting up, or reviewing a family trust, then you've come to the right place. Among other benefits, trusts protect you from adverse events.. Learn more..
Everyone has to pay their share of taxes, and we have no qualms about that. But there are many things that you can deduct and do to reduce your taxation obligations. Learn more..
GRA Blogs: Latest Posts
Investing in property offshore
In this blog I look at the tax implications of a New Zealander investing in property offshore. While there is much coverage of the implications of investing in property in NZ, there is less commentary on offshore investment. While many of the same rules apply, there are some additional hooks that can catch the unwary. At a commercial level ... More
Aggressive IRD tactics
The IRD are being particularly aggressive in the tactics they are using at present. They are making phone calls to people personally rather than to their tax agents (accountants), and can be very intimidating. Some of the methods the IRD have been employing include: asking people complicated tax questions, which can get them into trouble if they answer incorrectly; ... More
SHOULD YOU PURCHASE NEGATIVE CASH FLOW PROPERTIES?
The answer to this question is, "It depends on the scenario". If you are planning to buy a rental property that is cash flow negative, you need to look at the future capital growth potential and the land size of the property i.e. is this a subdividable section or is there value left in the property which you can ... More
Budget and a Cash Flow Forecast, what's the Difference
This is the time of year all businesses should be preparing budgets and cash flow forecasts. The preparation of these is essential - the reason being that unless you know your anticipated income and associated expenditure, along with the peaks and troughs of your flow of cash, you will find it difficult to successfully manage your business, be it ... More
Is the cost of insulating a rental property tax deductible?
As you may be aware, there is a new law that requires all tenanted homes to be insulated by 1 July 2019. Anyone who owns rental property must ensure their properties are insulated to the required standard by this date. At GRA we’ve been getting a lot of questions about whether the cost of insulating a rental property is ... More
Unpaid tax on rental income
It is a requirement in New Zealand for parties to provide their IRD numbers when buying or selling real estate (whether as an individual or through another entity such as a company or trust). Normally this does not pose any sort of problem. However, there will be significant issues if you are selling a property that has been generating ... More
When 'mine' becomes 'ours' - keeping assets separate
It is a common misconception that you have to live with someone for three years or more, and they have to make a direct contribution to the assets acquired during the relationship, before they're entitled to bring a relationship property claim. Possibly this mistaken belief occurs because the legislation itself is misunderstood. Under current law, assuming a contracting out ... More
Market Update April 2017
It’s been an interesting start to 2017 with a much tighter credit market than what we have seen for most of the last decade. While the majority of the media have been concentrating on the fact that the market seems to have slowed since the 40% deposit rule introduction, I put more down to banks themselves pulling back in ... More
The Five Common Mistakes of Life Insurance
Do you currently have life insurance in place?
Unless you’re single, living the high life, flying solo, and not bothered what happens to your debts when you die, then you’re going to need to have the right life cover in place.
Life insurance isn’t something that you lie in bed at night thinking about. Rather, life insurance generally comes ... More
Advantages of new builds
At Property Ventures we are increasing our focus on new builds as investments because we see tremendous advantages from a financing perspective. Not only do investors get pristine new and low maintenance properties in better areas, they get the benefit of 80% LVRs and tax advantages from higher chattel depreciation. These smart tax and finance benefits make investing ... More